Submission of Postal ballot Voting results and Scrutinizer Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sagarsoft (India) Ltd announced the results of its postal ballot concluded on 19th March 2026. Two resolutions were passed: (1) Special Resolution to appoint Mrs. Kanakadhara Srinivasan (DIN: 01650788) as an Independent Director for a five-year term from 13th January 2026, approved with 99.96% votes in favor (34,27,009 votes for vs 1,322 against). (2) Ordinary Resolution to approve a material related party transaction with Sagarsoft INC, USA for an aggregate value of up to Rs. 24 crores over one year, approved with 99.52% votes in favor (2,76,242 votes for vs 1,322 against). Scrutinizer B S S & Associates certified the e-voting process as fair and transparent.
Both resolutions were passed with overwhelming shareholder approval, indicating strong investor confidence. The appointment strengthens the board with a new independent director, while the Rs. 24 crore related party transaction approval enables ongoing business operations with the US subsidiary. Minimal dissent on both resolutions suggests no significant shareholder concerns.